In The News South Africa

Eskom terminates services of evidence leader in the Koko disciplinary hearing

JOHANNESBURG, October 21 – Eskom has terminated the services of its evidence leader Sebetja Matsaung in the disciplinary hearing of suspended Eskom acting CEO Matshela Koko, the power utility said on Saturday. This followed an altercation between Matsaung and the Financial Mail’s deputy editor Sikonathi Mantshantsha after the hearing was adjourned on Friday, Eskom said […]

In The News

Parliamentary committee rejects Black First Land First’s demand that it stop Eskom inquiry

PARLIAMENT, October 20 – Parliament’s portfolio committee on Public Enterprises on Friday rebuffed a demand from Black First Land First (BLF) to stop its inquiry into Eskom, which the group termed a witchhunt against the Gupta family. Committee chairwoman Zukiswa Rantho asked MPs how she should respond to the missive, which threatened legal action should […]

Business In The News South Africa

McKinsey admits errors in Eskom contracts, halts work with SOEs

JOHANNESBURG, October 17 – Global consultancy firm McKinsey & Company admitted on Tuesday that it made “several errors of judgment” in the way it handled contracts with South African power supplier, Eskom, adding that it was not careful enough about who it associated with when taking such contracts. Earlier this month Eskom demanded that McKinsey and Gupta-linked […]

In The News South Africa

Eskom suspends power cuts in MP municipality after receiving payment

JOHANNESBURG, October 16 – Eskom on Monday suspended its planned supply interruption to the Govan Mbeki local municipality in Mpumalanga after it reached a payment agreement with the municipality.   This comes after Eskom started cutting the power supply to Govan Mbeki Local municipality from Monday last week and affecting areas such as Secunda, Embalenhle, Bethal, and Emzinoni as the municipality was over half […]

In The News South Africa

50 killed in illegal electricity connections in SA, Eskom deprived R20 billion from criminal activities

COFIMVABA, October 16 – At least 50 South Africans people have been killed and 150 others injured nationwide in incidents linked to illegal and unsafe electricity connections in 2016/17. Such illegal connections cost the South African power utility, Eskom a whopping R20 billion during the period. Officials from the company disclosed the figures in Cofimvaba […]

Business In The News South Africa

Eskom interim CEO blames “oversight” in friend’s monthly R100k contract

JOHANNESBURG, October 12 – Eskom’s interim group chief executive, Sean Maritz, on Thursday “acknowledged the oversight” in hiring his friend on a R100,000-per-month contract without following proper procedure, but rejected that this was irregular. This comes after weekend media reports that Maritz had previously received a written warning because he did not declare that the lucrative contract was given […]